The Smart Grid Equipment market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smart Grid Equipment.
QY Research has lately published a new report on “Global Smart Grid Equipment Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
This report presents the worldwide Smart Grid Equipment marketsize (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Smart Grid is the integration and implementation of communication, automation and IT systems with the traditional electrical grid with the ability to monitor and control power flows from points of generation to consumption and manage the load to match generation in real-time or near real-time.
Smart grid increases the predictability, visibility and control of generation and demand, bringing flexibility to the whole system. This facilitates the integration of intermittent energy from renewable generation and peak load management, which helps reduce the costs of peak power.
The transformation of electrical grids to smarter grids depends on various smart grid equipment.
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The following manufacturers are covered in this report:
- GE-Alstom Grid
- Schneider Electric
- NARI Group
- S & C Electric
- Chint Group
Smart Grid Equipment Breakdown Data by Type
- Transmission Equipment
- Distribution Equipment
Smart Grid Equipment Breakdown Data by Application
- Residential Sector
- Commercial Sector
- Industrial Sector
Smart Grid Equipment Production by Region
- United States
- Other Regions
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